France Has Top 10-Yr Real Yield As Gauged By GDP Deflator

By Michael Aneiro

The folks at worldeconomics.com are out with an interesting look at the real yields (the difference between nominal yields and inflation) offered by 10-year government bonds in the ten largest global economies. This particular real yield is gauged by using a GDP deflator, which measures general inflation across all domestically produced goods and services, rather than the traditional consumer price index, which measures a basket of consumer goods.

The upshot? You might want to consider buying some French bonds, and maybe Brazilian bonds, and maybe even Italian bonds. On second thought, scratch the Italian bonds, and the Russian and British ones too. And the U.S. is a great place to be if you like treading water. Anyway here’s the chart they came up with (and here’s a link to the full post explaining the methodology):